Indian markets in real turmoil .... Government in paralysis mode...Are there any real ways to stem the rot ..... Following are my suggestions ... Invite you guys to contribute:
1) Do not make cosmetic changes like stopping capital outflow by setting limits to control the ruppee fall rather take concrete steps to control current account deficit.
2) Rather than populist measures like Food Security Bill try to plan your expenditure focussing on capital assets and reviving the investment cyclt
3) Act tough on corruption , try to remove inertia of the bureaucracy so that the stuck up projects and investments get restarted
4) Do not bring in amendments /laws like GAAR etc which disincentivise investors from investing in India
My Indian Lawyer
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